At-Risk Old Fulton Buildings ISO a New Owner

Last time we heard about the properties at 11-15 Old Fulton Street, the city had issued full vacate orders and some in the neighborhood were worried that the buildings’ owner had let them deteriorate so badly that demolition would be the only remedy. Fast forward a year-and-a-half and the buildings are now up for sale. Here’s the description from brokerage TerraCRG’s listing: “The package consists of 3, four-story buildings totaling 21,530 gross Sq. Ft. The buildings are completely vacant and in need of gut renovation. The property has proposed plans for a 22,948 Sq. Ft., 18 unit mixed-use building with the addition of a fifth floor; the proposed plans were approved in 2007 by the Landmark Commission and Board of Standard Appeals. The property originally zoned M2-1, was granted a variance in 2007 to allow for the residential/retail conversion.” There’s no set asking price, but bids for the properties are due early next month.
11-15 Old Fulton Street Listing [TerraCRG]
Row of Old Fulton Buildings At Risk [Brownstoner] GMAP